CenterState Bank Corporation operates as the holding company for CenterState Bank, N.A. that provides various consumer and commercial banking services to individuals, businesses, and industries in Florida. The company's deposit products include savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. It also offers real estate loans to individuals and businesses for the purchase, improvement of, or investment in real estate; construction of single-family residential and commercial units; and development of single-family residential building lots. In addition, the company provides commercial loans to individuals and small-to-medium sized businesses for working capital, equipment purchases, and various other business purposes; and consumer loans comprising loans to individuals for various consumer purposes, as well as business purpose loans. Further, it offers mutual funds, annuities, and other investment products. Additionally, the company sells fixed income securities; and provides hedging, loan brokerage, correspondent bank deposits, safe-keeping, bond accounting, asset/liability consulting, international wires, clearing and corporate checking account, and other correspondent banking related services. As of December 31, 2017, it operated 78 bank office network located in 28 counties of Florida; and 1 loan production office in Florida, and 1 loan production office in Macon, Georgia. The company was formerly known as CenterState Banks, Inc. and changed its name to CenterState Bank Corporation in September 2017. CenterState Bank Corporation was founded in 1989 and is headquartered in Winter Haven, Florida.

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Miscellaneous

Centerstate Bank (NASDAQ:CSFL) Frequently Asked Questions

What is Centerstate Bank's stock symbol?

Centerstate Bank trades on the NASDAQ under the ticker symbol "CSFL."

How often does Centerstate Bank pay dividends? What is the dividend yield for Centerstate Bank?

Centerstate Bank declared a quarterly dividend on Tuesday, October 23rd. Stockholders of record on Friday, December 14th will be paid a dividend of $0.10 per share on Monday, December 31st. This represents a $0.40 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Thursday, December 13th. View Centerstate Bank's Dividend History.

How will Centerstate Bank's stock buyback program work?

Centerstate Bank announced that its Board of Directors has authorized a stock repurchase plan on Friday, September 8th 2017, which authorizes the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) issued its quarterly earnings results on Tuesday, October, 30th. The financial services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.49 by $0.02. The financial services provider earned $128.96 million during the quarter, compared to analyst estimates of $125.03 million. Centerstate Bank had a net margin of 22.11% and a return on equity of 9.02%. View Centerstate Bank's Earnings History.

When is Centerstate Bank's next earnings date?

What price target have analysts set for CSFL?

6 brokers have issued 1-year target prices for Centerstate Bank's shares. Their predictions range from $29.00 to $32.00. On average, they anticipate Centerstate Bank's stock price to reach $30.80 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

What is the consensus analysts' recommendation for Centerstate Bank?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centerstate Bank.

Has Centerstate Bank been receiving favorable news coverage?

Headlines about CSFL stock have been trending somewhat positive on Wednesday, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Centerstate Bank earned a news impact score of 1.3 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Which institutional investors are selling Centerstate Bank stock?

CSFL stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Teachers Advisors LLC, Panagora Asset Management Inc., Bank of New York Mellon Corp, AQR Capital Management LLC, Monarch Partners Asset Management LLC, TIAA CREF Investment Management LLC and Citadel Advisors LLC. Company insiders that have sold Centerstate Bank company stock in the last year include Ernest S Pinner, James H Bingham and Thomas E Oakley. View Insider Buying and Selling for Centerstate Bank.

Which institutional investors are buying Centerstate Bank stock?

CSFL stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Capital International Investors, Standard Life Aberdeen plc, Macquarie Group Ltd., BlackRock Inc., Allianz Asset Management GmbH and Renaissance Technologies LLC. Company insiders that have bought Centerstate Bank stock in the last two years include Charles W Mcpherson, David G Salyers, Jody Jean Dreyer, John C Corbett, Michael F Ciferri and William K Pou Jr. View Insider Buying and Selling for Centerstate Bank.

How do I buy shares of Centerstate Bank?

Shares of CSFL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Centerstate Bank's stock price today?

One share of CSFL stock can currently be purchased for approximately $21.03.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $2.04 billion and generates $316.50 million in revenue each year. Centerstate Bank employs 1,200 workers across the globe.

MarketBeat Community Rating for Centerstate Bank (NASDAQ CSFL)

MarketBeat's community ratings are surveys of what our community members think about Centerstate Bank and other stocks. Vote "Outperform" if you believe CSFL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSFL will underperform the S&P 500 over the long term. You may vote once every thirty days.